E-Commerce Times Talkback

The U.S. Department of Justice on Thursday shuttered Megaupload, a popular file-sharing website, charging seven of its executives with engaging in an international criminal enterprise based on copyright infringement. Federal authorities called it one of the largest criminal copyright cases in U.S history. Megaupload, its movie streaming site Megavideo, and its various sister sites were down at the time of publication. Four of the seven execs charged are now in federal custody, including the site's founder Kim Dotcom, formerly Kim Schmitz.